Integrated building solutions: DERCHI's OEM/ODM aluminium sliding window capabilities for high-value engineering projects
In the contemporary architectural landscape, executing high-value engineering projects-ranging from premium multi-family residential complexes to expansive commercial developments-demands an unprecedented level of structural precision and design flexibility. Project architects, facade consultants,...
Mercuria, Glencore explore Venalum aluminium smelter deal as Venezuela eyes production revival
Venezuela’s biggest aluminium smelter, Venalum, could be heading for a fresh start as Mercuria Energy Group Ltd. and Glencore Plc explore a potential deal that could bring new investment and operating expertise to the facility that has spent years producing only a fraction of its original capacity....
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China’s aluminium billet stocks climbed by 37,400 tonnes on lower shipments due to CNY holiday
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China increased by 37,400 tonnes on lower shipments due to the Chinese New Year holiday. The stocks came in at 165,500 tonnes as of Wednesday February 10. Aluminium billet shipments stood at...
China’s primary aluminium production grows 1.22% M-o-M and 8.14% Y-o-Y to 3.32MT in January
In China, primary aluminium production stood at 3.32 million tonnes in January, registering an increase of 1.22 per cent month-on-month from 3.28 million tonnes in December and 8.14 per cent year-on-year, showed Shanghai Metals Market. China’s daily average primary aluminium output rose 1,400...
LME aluminium closed Wednesday’s trading at US$ 2070.5/; SHFE closed for Chinese New Year holiday
Benchmark aluminium price on London Metal Exchange rose 1.22 per cent to US$ 2070.5 per tonne on Wednesday, February 10, from US$ 2045.5 per tonne on Tuesday. As of Wednesday, February 10, LME aluminium cash (bid) price stands at US$ 2070.50per tonne, LME official settlement price stands at US$...
China’s aluminium price grows by RMB 30/t; Aluminium alloy (ADC12) price stands at RMB 17100/t
SMM aluminium ingot price has registered a hike for the five days in a row. As of Wednesday, 10 February 2021, the price now stands at RMB 15770 per tonne, marking a growth of RMB 30 per tonne. The price is expected to range at RMB 15750-15790 per tonne. In Foshan and Wuxi, the price has risen by...
China’s alumina production declines slightly M-o-M in January 2021 due to production restrictions in heating season
According to the Shanghai Metals Market, China’s alumina production started the year with a drop of 1 per cent month-on-month in January 2021. Compared to 5.96 million tonnes in December 2020, China produced 5.90 million tonnes of alumina in January 2021. This included 5.69 million tonnes of...
Iceland’s import of Aluminium Plates, Sheets and Strips during 2018-20 demonstrates marginal movement; expenditure rises
The economy of Iceland is predicted to recover in 2021, as the global economy reopens and international travel resumes. Although there is uncertainty over the evolution of the pandemic lingers and clouds the outlook, posing a key downward risk to recovery. As per FocusEconomics panellists, the...
Chinese Aluminium industry needs to close down inefficient coal power plants to meet climate goals: Climate think tank Ember
The independent climate and energy think tank focused on accelerating the global electricity transition, Ember said that the Chinese aluminium industry needs to pull down dedicated power capacity equivalent to more than Germany's entire coal fleet over the next decade to put China on track to meet...
A00 aluminium ingot price exceeds RMB15,500/t; Aluminium alloy(A356) price gains RMB100/t to clock at RMB16,300/t
A00 aluminium ingot price has increased further for the third consecutive day to exceed RMB 15,500 per tonne, as of Monday, February 8, found the Shanghai Metals Market. Data shows the price is standing at RMB 15,600 per tonne witnessing a growth of RMB 90 per tonne. The average prices are expected...
Papua New Guinea’s import of Aluminium Cans during 2018-19 displays de-growth; 2020 import reflects marginal growth
As per Fitch Solutions, the Papua New Guinea economy is expected to recover from 2021, after a recession in 2020. Fitch Solutions forecasts real GDP growth of 3.2% in 2021, from an estimated contraction of 4.0% in 2020. The island nation on the South-western Pacific region has recorded with 7942...
China’s aluminium billet inventories grow by 27,400 tonnes this week on lower downstream demand ahead of CNY
Shanghai Metals Market data showed 6063 aluminium billet inventories increased by 27,400 tonnes this week, ending on Thursday, February 4, across five major consumption areas, including SHFE warrants. The stocks thus came in at 128,200 tonnes compared to 100,700 tonnes last week, mainly...
Primary aluminium inventories build-up 32,000 tonnes to 714,000 tonnes, highest since October 2020
According to Shanghai Metals Market, social inventories of primary aluminium have built-up 32,000 tonnes week-on-week across eight major consumption areas in China, including SHFE warrants. Data shows the inventories are standing at 714,000 tonnes as of February 4, the highest since October 15,...
Belarus import of Aluminium Bar Rods and Profiles during 2018-20 unfolds steady rise
The economy of Belarus was already grappling to power growth before both the corona pandemic and the political protests following the August’20 presidential election. As forecasted, the GDP is supposed to grow by just 2% in 2021 amid country-wide protests and Belarus's isolation on the...
A00 aluminium ingot price in China ascends to RMB15,350/t; It drives aluminium alloy (A356) price hike to RMB16,050/t
A00 aluminium ingot price has soared by RMB 320 per tonne to stand at RMB 15,350 per tonne on Thursday, February 4, following a plunge of RMB 160 per tonne to RMB 15,030 per tonne on February 3, found Shanghai Metals Market. The average prices are expected to range between RMB 15,330 per tonne and...
Why Buy AlCircle’s Report on “Global Aluminium Industry Outlook 2021”?
The year 2021 stands as a year of hope and aspiration for the aluminium metal industry after it’s been through a malaise last year caused by the unprecedented COVID-19 outbreak. So, in the recently-published report - “Global Aluminium Industry Outlook 2021” , AlCircle has made an attempt to share...
Prebaked anode price in Central China grows by RMB55/t after almost a month-long restraint; A00 aluminium ingot price declines
According to Shanghai Metals Market, prebaked anode price in central China has recorded a hike of RMB 55 per tonne to peg at RMB 3,700 per tonne on Tuesday, February 2, following almost a month-long restraint at RMB 3,645 per tonne. The average prices are expected to range between RMB 3,500 per...
Chinese aluminium processors’ operating rates drop 3.6 percentage points due to less operation for forthcoming CNY holiday
According to the Shanghai Metals Market survey, aluminium processors’ operating rates declined last week by 3.6 percentage points from a week ago, primarily attributing to less operation ahead of the Chinese New Year (CNY) holiday and tight logistics. Construction extrusion, wire and cable, and...
Metro Mining sees a positive year ahead aiming at selling 2.3 million tonnes of bauxite to Xinfa
Metro Mining is projecting a positive year ahead with sales expected to progress, including 2.3 million tonnes under an offtake agreement with Xinfa. The company is also satisfactorily placed in terms of financial position for 2021, led by the robust bauxite deliveries during the June and September...
China’s alumina price stands at RMB 2402/t; Alumina (Imported) price declines by RMB 15/t
As updated by Shanghai Metals Market, average spot alumina price in China has decreased by RMB 1 per tonne today after two days of restrained at RMB 2403 per tonne. The price now stands at RMB 2402 per tonne as of Monday, 1 February 2021. Alumina price in Shandong has declined by RMB 20 per tonne...
